Re: The Density of Smart People

[David Farber <dave () farber net>]

Begin forwarded message:

From: bobr () bobrosenberg phoenix az us
Date: May 31, 2010 2:19:51 AM EDT
To: "Dave Farber" <dave () farber net>
Cc: "Richard Forno" <rforno () infowarrior org>
Subject: Re: [IP] The Density of Smart People

Dave & Rick

This is a very nice measure of human capital -- for the 19th Century.

However, since, with a computer, a webcam & the internet, any knowledge worker is as
near as the next knowledge worker, it is significantly out-of-date.

Telecommuting is a concept that didn't exist until relatively recently.

Geographic density is rapidly losing its relevance.

This internet thingy that you, and a few others, cobbled together a mere few decades
ago, has - and continues to - change(d) everything!

Cheers,
Bob

-- 

Bob Rosenberg
P.O. Box 33023
Phoenix, AZ  85067-3023
Mobile:  602-206-2856
LandLine:  602-274-3012
bob () bobrosenberg phoenix az us

This message is hereby Creative Commons licensed:  Attribution-NonCommercial

> Begin forwarded message:
>
> > From: Richard Forno <rforno () infowarrior org>
> > Date: May 30, 2010 10:49:02 AM EDT
> > To: List Infowarrior <infowarrior () attrition org>
> > Cc: Farber Dave <dave () farber net>
> > Subject: The Density of Smart People
>
> > (c/o    several people)
> >
> > The Density of Smart People
> >
> > May 28 2010, 11:15 AM ET |   Comment
> >
> > Clusters of smart people of the highly educated sort that economists
> > refer to as "human capital" are the key engine of economic growth
> > and development.  Jane Jacobs argued that the clustering of talented
> > and energetic in cities is the fundamental driving force of economic
> > development. In a classic essay, "On the Mechanics of Economic
> > Development," the Nobel prize-winning, University of Chicago
> > economist Robert Lucas formalized Jacobs' insights and argued that
> > human capital, or what can be called Jane Jacobs externalities, are
> > indeed the key factor in economic growth and development. Still, the
> > standard way economists measure human capital is to take the
> > percentage of people in a country, state, or metropolitan area with
> > a bachelor's degree or higher most scholars measure human capital in
> > terms of population.
> >
> > So I was intrigued by this fascinating analysis by Rob Pitingolo (h/
> > t: Don Peck) which looks at the density of human capital. Pitingolo
> > put together a neat measure that he refers to as "educational
> > attainment density." Instead of measuring human capital or college
> > degree holders as a function of population, he measures it as a
> > function of land area -- that is, as college degree holders per
> > square mile. As he explains ...
> >
> > < -- >
> >
> > http://www.theatlantic.com/business/archive/2010/05/the-density-of-smart-people/57384/
>
>
>
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